Westminster Senior Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,188,703 | 7,933,002 | 255,701 | 4.6 | 46% |
| 2021 | 8,224,154 | 8,554,055 | −329,901 | 3.8 | 44% |
| 2022 | 8,872,607 | 8,305,920 | 566,687 | 4.8 | 47% |
| 2023 | 9,894,215 | 9,266,764 | 627,451 | 5.1 | 44% |
In its most recent public year (2023), this organization brought in $627,451 more than it spent. Its reserves stood at about 5.1 months of spending. Staff pay was 44% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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